The fourth quarter earnings coming out of US markets leave a lot to be desired, according to experts.

Credit Suisse estimates that the first and second quarter earnings for 2023 are likely to disappoint US companies in the coming months.

Sam Dickie from Fisher Funds says the US is likely in an 'earnings recession', and profit growth is at -5 percent.

Sam Dickie says that these fourth quarter earnings are a sign of an earnings contraction, and this will likely get worse with time.

LISTEN ABOVE

The fourth quarter earnings coming out of US markets leave a lot to be desired, according to experts.
Credit Suisse estimates that the first and second quarter earnings for 2023 are likely to disappoint US companies in the coming months.
Sam Dickie from Fisher Funds says the US is likely in an 'earnings recession', and profit growth is at -5 percent.
Sam Dickie says that these fourth quarter earnings are a sign of an earnings contraction, and this will likely get worse with time.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.